SUMMARY
- Numeracle raised $28 million.
- The funds will support expansion.
- Numeracle helps verify business identities.
Numeracle, a McLean, VA-based provider of an entity identity management (EIM) platform, has raised $28 million in a funding round led by Edison Partners.
The company will use the investment to expand its identity platform into new industries and regions, strengthen its sales and product teams, and increase its research and development capabilities and international presence.
What is Numeracle?
Numeracle provides an Entity Identity Management platform that helps businesses establish, verify, and monitor their corporate identity across voice and business communication channels.
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Its Verified Identity solution gives businesses greater visibility and control over their calls. It helps companies verify their identity as legitimate callers and attach information such as their name and logo to outgoing calls through Rich Call Data.
The platform also helps businesses address situations where their calls are incorrectly blocked or labelled as spam. Its Know Your Customer-based solutions verify business identities and help improve attestation levels for enterprise calls.
How Much Funding Has Numeracle Raised?
Numeracle has raised $28 million in its latest funding round led by Edison Partners. The company did not disclose its total funding to date or details of previous rounds in the announcement.
Who Invested in Numeracle’s Funding Round?
Edison Partners led the $28 million funding round. No other participating investors were named in the announcement.
Why the Funding Matters
Numeracle plans to use the funds to expand its identity management platform into additional industries and geographic markets.
The company will also grow its go-to-market, sales, product, and research and development teams. Expanding its international presence is another priority as it works to serve businesses across more regions.
Who founded Numeracle?
Numeracle was founded in 2017 by Rebekah Johnson and is headquartered in McLean, Virginia.
Before founding the company, Johnson worked as a solutions engineer at West Corp. She also served on the Federal Communications Commission's Robocall Strike Force and represented the Empowering Consumer Choice Working Group. In 2023, she joined the board of the Alliance for Telecommunications Industry Solutions.
“I realized very quickly that I was the only person in this ecosystem that was correlating what the carriers and the FCC [Federal Communications Commission] were doing to stop fraudulent calls with the impact it could, and would, have on legal businesses,” Johnson said in an interview published on Numeracle’s website.
Market and Business Growth
Numeracle's identity platform is used by more than 400 companies to help secure over 500,000 phone numbers.
The company supports identity verification and reputation management across voice communications, branded calling, Number Reputation Management (NRM), and other business communication channels.
What Happens Next?
Numeracle plans to expand into new industries and regions while increasing its international presence. The company will also invest in its sales, product, go-to-market, and research and development teams to support the platform's continued development and adoption.
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